8-K

CRH PUBLIC LTD CO 8-K Report (Jan 4, 2012)

Filed January 4, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K reporting a transaction involving its own shares. On January 3, 2012, the company re-issued 6,654 ordinary shares from its treasury to a participant in an employee share scheme at a price of €15.0674 per share. This transaction has a minor impact on the company's outstanding share count. Following the re-issuance, CRH now holds 8,912,541 ordinary shares in treasury. The total number of ordinary shares currently in issue, excluding treasury shares, stands at 718,985,365. Investors should note that this is a routine administrative transaction related to employee compensation and does not represent a significant strategic event for the company.

Key Highlights

  • 1CRH plc re-issued 6,654 ordinary shares from treasury on January 3, 2012.
  • 2The shares were transferred to a participant in an employee share scheme.
  • 3The re-issuance price was €15.0674 per ordinary share.
  • 4Following the transaction, CRH holds 8,912,541 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue, excluding treasury shares, is 718,985,365.
  • 6This filing is made on Form 6-K, indicating it's a report of a foreign private issuer.
  • 7The transaction is related to the company's employee share schemes.

Frequently Asked Questions

The purpose of this transaction was to re-issue treasury shares to a participant in an employee share scheme, which is a common practice for companies to fulfill their obligations under such plans.

This transaction reduces the number of treasury shares and increases the number of shares outstanding (excluding treasury shares) by 6,654. The total number of shares in issue, excluding treasury shares, is now 718,985,365. The impact on the overall total share count is minimal.

No, this is a routine transaction related to employee compensation and the management of treasury shares. It does not typically indicate significant financial changes or strategic shifts for the company.

Treasury shares are shares that a company has repurchased from the open market but has not yet retired. These shares can be re-issued for various purposes, including employee stock options, acquisitions, or stock dividends, as seen in this case.